[yankygrl]

In regards to village gal posting - so true. I’ve been here 10 years. I’ve heard the stories of Harold and Gary. I’ve heard how they were never crossing 441, 466, 466A (when I moved here) and then across 44. All of that and more has happened. Most of it has been for the good of the community. I know know idea what agenda this generation is working on BUT I can tell you IMHO, it is bassawards. Homes built with access to amenities, banks, grocery stores etc. Now as they move west and north they are building the rec. centers, championship golf course maybe a town square. “Something ain’t right Lucy”.

[Laker14]

Originally Posted by Jayhawk

Nope, because they are also adding more and more amenities as population grows.

Foe example, Hacienda pool was Priority only. The new one will be open to all residents. Same as The Lofts.

Are they adding more pickleball courts and/or executive golf courses?

[pauld315]

Originally Posted by dewilson58

What were your assumptions in order for the family to cash out with a billion each?? 10% return on apartments, 90% occupancy, five times earnings, etc. Jus wondering. My quick and dirty indicates it would be over 100,000 apartments. They have less than 1,000 apartments now. I don't think the sky is falling in my lifetime.


Please share...............we bean-counters need facts.

They actually already make a ton of repeatable yearly income every year by leasing out over 7 million square feet of commercial property that they own which, contrary to what many think, is 98% leased according to their own website.

The Villages Commercial Property Management

[rjn5656]

Nice write up. Thanks. It makes you think.

[dewilson58]

Originally Posted by pauld315

They actually already make a ton of repeatable yearly income every year by leasing out over 7 million square feet of commercial property that they own which, contrary to what many think, is 98% leased according to their own website.

The Villages Commercial Property Management

Your info may or may not be true, but it is unrelated to my post. My post is specific to the topic of apartment rentals will be the future focus of TV.

[charlieo1126@gmail.com]

Originally Posted by Bob Peercy

I agree with Villagesgal. I have also lived here 19 years, and have seen all of the things she mentioned, and I agree with her completely.

nice to see long time villagers that don’t have the attitude it was better the way it used to be, the family has seen what’s needed here and what many people want, more restaurants, doctors, dentist , more choices of living for those that don’t want to leave and enriching the lives of younger people by building schools, Quality housing , the same younger people that make out lives easier

[Bellbrookgal@gmail.com]

Thanks for that great insight. I wish this was something the Morse family communicated with us directly. Is the Morse family aware of the concerns the residents have? Do they know how their image is with the residents? Do we have a way to communicate with them? Has anyone here ever brought up concerns and actually talked to them?

[mtdjed]

From a different perspective.
According to Wikipedia, The Villages consists of a land area of about 32 square miles and something like 130,000 people. When we moved here in 2006, most everything for sale was a home on a lot or a more closely placed Villa. From our perspective, it appealed to us because that is what we were used to. However, not everyone that retires comes from a homey suburb. Some might be more comfortable in a multiple residence apartment or condo environment and still want to live in The Villages.

As residents age, they might also like the opportunity to downsize into an apartment or condo rather than sign into a conveyor belt facility which starts out at $5000 a month and goes up as the belt moves you from apartment to assisted living to elderly care to memory care.

I think there is room for the alternatives .

[PeoriaGal]

My husband has been commenting on a change in "the feel" of The Villages for a couple of years. After reading your article, the pieces of this puzzling and nagging feeling are taking shape. Sadly, you're probably right or at least in the ballpark. Thanks for your insights.

[Lisa22]

I'd like to add another possible consideration for the future of TV: the need for a new and high quality health care system to address the aging population. Is it possible that the new development projects along with their planned locations will help to address this future need?

The population aged 85 and older is the fastest growing age group in the U.S., and it is projected to be nearly six times as large by 2050 as this age group was in 1990. A 65-year-old person can expect to live another 17 years, and those who live to age 85 have an average of 6 more years of life remaining. This rapid growth of the oldest-old population will have a major effect on the health care system. (ncbi.nlm.nih.gov/books/NBK232661/).

I am a 59 y.o. health care worker hoping to relocate and work/retire to TV in the next few years. I am thrilled to hear of the new Medical Village complex that will be developed in conjunction with the UF Health System. Is it possible that these new high-density developments will help to serve as alternatives to home ownership for older TVer's or help to attract high quality health care professionals in the short term as new medical services come on line?

I am one individual that is thrilled by the possibility of having a first rate health system in the same community that I wish to retire to as well as to be an individual that will also be able to contribute my knowledge and experience as a 25+ year health care worker coming from a top rated academic hospital system in the northeast U.S.

I wish to own a residence in TV someday and also share the concerns with how my future lifestyle will be impacted by high density living areas nearby.

Can someone help me to correlate whether these new developments are in close enough proximity to the current TV hospital and the future Medical Village complex? I am hoping that future needs for a first rate health system in TV helps to explain the recent developments that are occurring now?

[Laker14]

Originally Posted by Laker14

do you think that increasing population density will increase pressure on shared amenities?

[QUOTE=Jayhawk;1823162]Nope, because they are also adding more and more amenities as population grows.

Originally Posted by Laker14

Are they adding more pickleball courts and/or executive golf courses?

I'll take your lack of response as a "nope".

[ithos]

I believe there is a pent up demand for homes that have no yard to maintain whether they be townhomes or multifamily units. Not sure why they have not gone that route.

[tghoul]

I do not know why they are in a hurry to build more apartments. They have been leasing The Lofts since February and have leased less than 40 apartments. That is about 5 per month. At that rate it will take 50 months to fill up The Lofts

[Jayhawk]

[QUOTE=Laker14;1824836]

Originally Posted by Jayhawk

Nope, because they are also adding more and more amenities as population grows.




I'll take your lack of response as a "nope".

The you either don't read the paper or just don't understand. Clearly they are always adding pickleball court and executive courses.

[Jayhawk]

Originally Posted by tghoul

I do not know why they are in a hurry to build more apartments. They have been leasing The Lofts since February and have leased less than 40 apartments. That is about 5 per month. At that rate it will take 50 months to fill up The Lofts

I guess 40 years of failed experiments by the Morse family keeps them from figuring out what the market wants.

Sarcasm meter at full tilt.